A DISCUSSION WITH THE JOST HURLER GROUP EXECUTIVES DR. WOLFGANG MÜLLER, MICHAEL HERZ, LARS JOHANNSEN AND ROLAND WÜST ABOUT THEIR OVERALL APPROACH TO PROJECT DEVELOPMENT AND PORTFOLIO MANAGEMENT AND THE SPECIAL FEATURES OF BEING A FAMILY BUSINESS.
How has the Jost Hurler company developed over the years and what are its current focuses and fields of activity?
DR. WOLFGANG MÜLLER Originally, the company was established in the trade sector. In 1982, our company founder Jost Hurler changed his strategy. He sold the commercial business and leased the correspondingproperties long-term. These returned to the company in 2009 in need of renovation. This is where project development came into focus as a field of activity. Today we can map the entire value-added chain for a property and focus on urban mixed-use properties, as well as the retail and hotel sectors. We believe that our house is built on two cornerstones: “Keeping and managing stock” and “Project development”.
ROLAND WÜST We are project developerswho have previously focused our development activities on properties for our own stock, in line with our company history. It was and remains important to us to look at the entire life cycle of a property. We develop properties so that they can be operated long-term in a useful and economic way. We therefore bundle together our experience from project development and subsequent operation of a property. We integrate this experience into the conception and planning stages for a building, meaning that we can use different focuses for our projects than classic investors.
LARS JOHANNSEN We want to develop sustainable value. Value that remains with the Jost Hurler Group in the long term and is managed and increased there. This attitude starts with the project idea, the planning vision that acts as the main tool for obtaining planning permission. Development continues with the project architecture, preparation and ongoing optimisation, until the property is complete. The process is supported and managed until handover and subsequent operation.